Death penalty of B: Death penalty of B is $550,000. I pay a monthly premium of $973.50 for 20 years (240 payments) and then the policy is paid up. At the end of year 25 when I am 89 and ready for a nursing home, the Death Benefit is $550,000 and the guaranteed CSV is $309K but the non-guaranteed amounts are Dividend of $4,578, cumulative paid up additions of $71K, net CSV of $349K and net death benefit of $621K.

One article I read said the worst 20 year rolling average since 1979 was an average return of 6.4%. If I calculate the total amount for investing $973.50 monthly for 20 years at an average return of 6.5%, the total is $477,428. If I then stop the monthly investments for another 5 years, the total becomes $660,196. It seems you are giving up quite a bit of return for some insurance.

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